Ontario Teachers Pension Plan Board increased its holdings in shares of Estee Lauder Companies, Inc. (The) (NYSE:EL) by 10.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 92,688 shares of the company’s stock after purchasing an additional 8,689 shares during the period. Ontario Teachers Pension Plan Board’s holdings in Estee Lauder Companies, Inc. (The) were worth $8,896,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Lloyds Banking Group plc boosted its position in Estee Lauder Companies, Inc. (The) by 1.4% in the 2nd quarter. Lloyds Banking Group plc now owns 1,887 shares of the company’s stock valued at $181,000 after buying an additional 26 shares during the last quarter. Glenview Trust Co boosted its position in Estee Lauder Companies, Inc. (The) by 1.5% in the 2nd quarter. Glenview Trust Co now owns 2,744 shares of the company’s stock valued at $263,000 after buying an additional 41 shares during the last quarter. Cadence Capital Management LLC boosted its position in Estee Lauder Companies, Inc. (The) by 0.7% in the 2nd quarter. Cadence Capital Management LLC now owns 5,662 shares of the company’s stock valued at $543,000 after buying an additional 42 shares during the last quarter. Cleararc Capital Inc. boosted its position in Estee Lauder Companies, Inc. (The) by 0.9% in the 1st quarter. Cleararc Capital Inc. now owns 5,035 shares of the company’s stock valued at $427,000 after buying an additional 46 shares during the last quarter. Finally, Banco Santander S.A. boosted its position in Estee Lauder Companies, Inc. (The) by 0.5% in the 1st quarter. Banco Santander S.A. now owns 14,169 shares of the company’s stock valued at $1,204,000 after buying an additional 69 shares during the last quarter. 54.58% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have weighed in on EL. Stifel Nicolaus decreased their price objective on shares of Estee Lauder Companies, Inc. (The) from $108.00 to $98.00 and set a “buy” rating for the company in a research report on Tuesday, June 6th. DA Davidson began coverage on shares of Estee Lauder Companies, Inc. (The) in a research report on Wednesday. They issued a “neutral” rating and a $115.00 price objective for the company. Oppenheimer Holdings, Inc. reissued an “outperform” rating and issued a $110.00 price objective (up from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Thursday, August 10th. Jefferies Group LLC reissued a “buy” rating and issued a $110.00 price objective on shares of Estee Lauder Companies, Inc. (The) in a research report on Thursday, July 6th. Finally, Piper Jaffray Companies set a $95.00 price objective on shares of Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a research report on Friday, August 18th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Estee Lauder Companies, Inc. (The) currently has a consensus rating of “Buy” and an average price target of $110.48.

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Shares of Estee Lauder Companies, Inc. (NYSE:EL) opened at 108.255 on Thursday. Estee Lauder Companies, Inc. has a 1-year low of $75.30 and a 1-year high of $110.99. The firm has a market cap of $39.83 billion, a price-to-earnings ratio of 32.315 and a beta of 0.67. The company’s 50-day moving average is $104.85 and its 200 day moving average is $94.82.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last issued its earnings results on Friday, August 18th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.08. Estee Lauder Companies, Inc. (The) had a net margin of 10.56% and a return on equity of 32.38%. The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.86 billion. During the same period in the previous year, the business earned $0.43 EPS. The firm’s revenue was up 9.4% on a year-over-year basis. On average, equities research analysts expect that Estee Lauder Companies, Inc. will post $3.97 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Thursday, August 31st were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $1.36 annualized dividend and a dividend yield of 1.26%. Estee Lauder Companies, Inc. (The)’s dividend payout ratio (DPR) is currently 40.60%.

In other news, Director Irvine O. Hockaday, Jr. sold 2,000 shares of Estee Lauder Companies, Inc. (The) stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $105.41, for a total transaction of $210,820.00. Following the sale, the director now directly owns 26,240 shares in the company, valued at approximately $2,765,958.40. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Fabrizio Freda sold 15,880 shares of Estee Lauder Companies, Inc. (The) stock in a transaction dated Thursday, July 6th. The shares were sold at an average price of $95.08, for a total transaction of $1,509,870.40. Following the transaction, the insider now directly owns 74,188 shares of the company’s stock, valued at $7,053,795.04. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 571,521 shares of company stock worth $60,365,505. 16.98% of the stock is owned by company insiders.

Estee Lauder Companies, Inc. (The) Profile

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

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Institutional Ownership by Quarter for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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